Loan

We all know of credit as a concept. It is a sum of money that is borrowed from an acquaintance or a banking institution, only to be paid back within a stipulated amount of time. More often than not, credit comes in the form of an informal loan from a friend, or a Personal Loan, Car Loan, or Home Loan from an authorised lender. Another way to acquire short-term credit is a Credit Card! Now, you may already be aware of all of these terms, but you might not know as much about a distinct type of credit – Revolving Credit! Revolving credit is necessarily a type of loan, which you can repeatedly use as per your need and convenience. Of course, it comes with an upper limit. Besides, there are two conditions that you ought to adhere to: Your account must be open You must make all the payment...

Purchasing goods have become easier now with the numerous benefits and features that credit cards offer. Various credit card companies provide additional perks like discounts and cashbacks when you purchase items from one of their partner merchants. Also, EMI financing using credit cards is now more profitable than paying the entire amount at a time. You can repay the loan in smaller amounts for a specified period without paying any interest. Making on-time payments will improve your credit score. This will also enable you to apply for a credit card with higher limits or loans in the future. How do payments on credit card bills work? Numerous people swipe their credit cards in stores to purchase products or services. Now, let’s see how this whole process works. Your credit limit is set whe...

A credit score is the numeric representation of the payment history. The history or credit history is the detailed document where every single credit you have taken and how have you paid for it. Loans are both secured and unsecured. But, most of the people opt for unsecured loans as there is no need to submit anything in the form of security. Also, due to this, the loan disbursal is quicker as compared to secured one since there is no legal action involved. Even though both salaried and self-employed earn, not all banks offer loans to both. Salaried people have continuity in a job or have proper income and its proof which serves as an important document based on which lenders offer personal loans. But, self-employed people do not have as much reliability as compared to income and hence th...

RBL is the oldest bank in the private sector. You can fulfill your shopping, travel, dining desires through this along with getting reward points, cashback, and more other benefits. RBL titanium delight credit card is one of them, which can provide an end number of privileges. So let’s check and grab the benefits. On your first swipe, you will get two thousand welcomes gift If you make spends of Rs 10,000 within 60 days, will get additional thousand points For every spending of Rs 100 on dining, travel, grocery, and electricity bill will get one reward point Add-on fee Nil (per annum) Over limit penalty Rs 500 to Rs 600 Card replacement fee Rs 200 Buy one get one free movie ticket on BookMyShow once in a month on Wednesday The question of how can you get the offers? The procedure is simple...

Emergencies come without warning, and medical emergencies are no exception. While you may think that your medical insurance will help you cover all your medical emergencies, that may not always be the case. There are many limits on your health insurance policy; it may not cover certain diseases or surgeries, and there may also be a withdrawal limit. This is where availing a Medical Loan might be a good idea. You can get the cash instantly, and you have the freedom to repay it in comfortable installments/EMIs. With the Personal Loan for Medical Emergency, you can get approval almost in no time, and you can get the loan amount in your account within 24 hours of loan approval. What’s more, you will even have flexible repayment tenors ranging between 12 to 60 months, and pre-approved offers on...

Home Loan interest rates are now available at 8.35%. You can now fulfil your wish of buying a home with a Home Loan in Raipur or anywhere else. Read on to know more benefits! It is the time to rejoice for the residents of Raipur, Chhattisgarh, especially if you were eyeing a home purchase on a Home Loan for long. But, the higher interest rates kept you not applying for it as it affects your monthly income for longer. Not anymore – you can now fulfil your wish of purchasing a home with a Home Loan in Raipur as Home Loan interest rates are down. Yes, leading banks and non-banking finance companies (NBFCs) have reduced Housing Loan interest rates which is now hovering at just 8.35%. Applying for a housing loan will now mean paying lower EMIs and managing the repayment effectively. You can al...

Cars might be a commodity but there’s no denying that it’s very useful nowadays. Traffic can be demonic and road trips are very common now. Not having a car in this day and age can be very fatal especially to those who travel to work back and forth. There’s no denying that buying a new car is not cheap. Fortunately, cash loans are here to help you finance buying a new car without the sweat of acquiring actual bank loan. Below are some benefits of buying a new car every future car owner should know: Save time We all know that commuting nowadays can be hellish. You can always be late for work whenever you commute since the bus will always stop at certain points. Some public utility vehicles also use common roads that are often bombarded with too much traffic. Stop this nonsense and start sav...